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reformer's retirement would effectively move italy's next election forward by just a month or two. berlusconi announced he would run again for prime minister. in a newspaper interview, the head of the euro bailout fund said that could mean more financial trouble ahead for italy and for the eurozone. italy has pushed through important reforms in the past year, he said. markets have honored this so far. however, they have acted with concern to the recent developments at the end of last week. u.s. ratings agency standard and poor's also expressed doubts about whether italy passed next government would remain committed to the next reforms -- italy's's next government would remain committed to the end -- italy's next government would remain committed to the reforms. >> our correspondents and does this report from the frankfurt stock exchange -- our correspondent sent us this report from the frankfurt stock exchange. >> traders have been disappointed. they have to wait another day until they get to know the outcome of the greek program. uncertainty always drags down shares, not only of t
reformer's retirement would effectively move italy's next election forward by just a month or two. berlusconi announced he would run again for prime minister. in a newspaper interview, the head of the euro bailout fund said that could mean more financial trouble ahead for italy and for the eurozone. italy has pushed through important reforms in the past year, he said. markets have honored this so far. however, they have acted with concern to the recent developments at the end of last week. u.s....
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the dow and s&p 500 gained post-election day tumble. the dow climbed 13 points for its fourth straight game. >>> more trouble for once untouchable apple. jeffries cut its price target by 100 bucks down to $480 a share. shares fell by more than half a percent on the news. >>> now on to our top story. tonight is taxes and how hard we are all about to get hit. there are already a trillion in tax increases baked right into the obamacare law and that means upper being in earners will see billions of dollars in tax hikes as it is. for democrats it is not enough. with republican lawmakers backing off the pledge not to raise taxes looks like tax hikes for the wealthy are certainty. joining for more, grover norquist, president of americans for tax reform. thanks so much for joining us. >> absolutely you say a lot of people are missing the fact that obamacare baked in a ton of tax hikes for wealthier americans as it is? >> people talk about the fiscal cliff as if it is one thing. it is three. there's the obamacare taxes. to pay for obamacare were
the dow and s&p 500 gained post-election day tumble. the dow climbed 13 points for its fourth straight game. >>> more trouble for once untouchable apple. jeffries cut its price target by 100 bucks down to $480 a share. shares fell by more than half a percent on the news. >>> now on to our top story. tonight is taxes and how hard we are all about to get hit. there are already a trillion in tax increases baked right into the obamacare law and that means upper being in...
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2016 election. assuming they get a good candidate. >> i teach history at northern virginia community college. do you see any parallel between the whig party, which tried to be all things to all people, leaderless, and ironically the upstart, regional, singular issue focused new republican party. is the current republican party going to go the way of the whigs? >> i doubt that. there were a very weak party. the party developed as an anti- jackson party. that was about it. it won two presidential elections by mimicking the democrats. they were a national party. they ran in the south but they were torn apart by the slavery issue. the republican party and the whig party have that much in common. the republicans have been around and are deeply entrenched. but you do ask a good question -- where are the republicans going to get those votes to turn themselves into a majority party? ronald reagan did not really succeed in doing that and he had a very successful administration. one thing i learned in looking
2016 election. assuming they get a good candidate. >> i teach history at northern virginia community college. do you see any parallel between the whig party, which tried to be all things to all people, leaderless, and ironically the upstart, regional, singular issue focused new republican party. is the current republican party going to go the way of the whigs? >> i doubt that. there were a very weak party. the party developed as an anti- jackson party. that was about it. it won two...
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you looked at the hostage crisis it was resolved when the ron reagan was elected. you read the biographies of the hostage-takers, they act like a cowboy. their release the hostages the moment he was sworn in. it's not that well-known, but the soviets were taken hostage at their embassy at the same time. the soviets threatened to bomb tehran. their hostages were let go. it's also important to note that the iran-iraq board came to an end when the u.s. mistakenly shot down an iranian civil airline. the iranians thought, well, the u.s. is going to get into this war no-holds-barred and the ayatollah made a speech. during the poisoned chalice. the cards were such that he had to simply take the best deal he could. that recommending they bond in iranian airline. on to say their is a lesson there. they backed down in the face of a credible threat of force. at the same time, if you were the iranians your thinking to yourself, well, what can i learn from the example of india and pakistan? they detonated a nuclear bombs. sanctions imposed on them for a while. a few years later
you looked at the hostage crisis it was resolved when the ron reagan was elected. you read the biographies of the hostage-takers, they act like a cowboy. their release the hostages the moment he was sworn in. it's not that well-known, but the soviets were taken hostage at their embassy at the same time. the soviets threatened to bomb tehran. their hostages were let go. it's also important to note that the iran-iraq board came to an end when the u.s. mistakenly shot down an iranian civil...
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of the safety elections task force on which corrections corporation of america sent you know it's a very interesting thing to note given the fact that she see a earns well over a billion dollars revenue year large part of that is derived from the you know detention of immigrants or illegal immigrants yeah i want to break down some numbers for our viewers regarding this part of president a story as i mentioned already and as you just mentioned this is a billion dollar in industry and their revenue comes mostly from taxpayer funded government contracts in which they're paid per day per prisoner and i know in pinellas county arizona alone there are six c.c.a. own correction facilities so it's the only c.c.a. own facilities in a total of twenty states plus washington d.c. we're talking ninety two thousand beds for prisoners in immigrants and last year again reported one point seven billion dollars in gross revenue so the more people that are locked up the better why do you think that governments have chosen to turn you know this job of incarcerating people over to for profit corporations. we
of the safety elections task force on which corrections corporation of america sent you know it's a very interesting thing to note given the fact that she see a earns well over a billion dollars revenue year large part of that is derived from the you know detention of immigrants or illegal immigrants yeah i want to break down some numbers for our viewers regarding this part of president a story as i mentioned already and as you just mentioned this is a billion dollar in industry and their...
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it is a massive totalitarian state, grabbing power, and it gives its parliament elections but in power, and it does not like disagreement and it is against opposition, and, in fact, there are move moves afoot to stay any speaking against the european is a legal on fence and it is founded upon deceit and corruption. why did the european union need 2,000 secret bank accounts if it wasn't bribing politicians all over the place? grabbing totalitarian similar to the soviet union but the neighbors now are frighten and norway has given it a totally undeserved peace prize which is staggering. >>neil: staggering to me as well, the former u.k. parliament member. he calls it like he sees them. and now some american folly pointing fingers this washington over a deal that is not happening and angry republicans have had it with their own leader and are more than just rumbleing. >>neil: and now, they fear they did not get that much done at the meeting, and we are working on getting president obama and speaker boehner to sit down and hash it out. and now time for a friendly super hero to get moving. >
it is a massive totalitarian state, grabbing power, and it gives its parliament elections but in power, and it does not like disagreement and it is against opposition, and, in fact, there are move moves afoot to stay any speaking against the european is a legal on fence and it is founded upon deceit and corruption. why did the european union need 2,000 secret bank accounts if it wasn't bribing politicians all over the place? grabbing totalitarian similar to the soviet union but the neighbors...
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again our two fiscal cliff portfolios for the first time since the election of november 6th, they are betting we will not go over the fiscal cliff interestingly enough. right now the dow up just 15 points as we head towards the close. much more to come on the second hour of "closing bell." >>> and it's that time of day. it's 4:00 p.m. here on wall street. maria will be back in the seat tomorrow. as the clock winds down to the fiscal cliff deadline, this is how we're finishing on wall street. at this stage it looks like we got a gain of only 14 points for the dow. obviously we were higher than that, not much more but were higher earlier in the day. the nasdaq up by only eight points and the s&p finishing up by just a trickle of positive. well, ticktock. the market is closed. seems to be waiting once again for some clear signal on what's going to happen with regards to the fiscal cliff. how can you make money in the final trading sessions of the year amongst all this uncertainty? >> we have definite answers coming with our panel. back with us nathan bachrach from the financial network.
again our two fiscal cliff portfolios for the first time since the election of november 6th, they are betting we will not go over the fiscal cliff interestingly enough. right now the dow up just 15 points as we head towards the close. much more to come on the second hour of "closing bell." >>> and it's that time of day. it's 4:00 p.m. here on wall street. maria will be back in the seat tomorrow. as the clock winds down to the fiscal cliff deadline, this is how we're finishing...
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and they were very instrumental in helping him get elected and re-elected. >> reporter: that's right. the election results tell the story. president obama won the union vote handily. nationwide, he won 58% of the union vote. compared to governor romney who got 40%. and unions also contributed heavily to donations and get out the vote efforts. $143 million they gave overall in the 2012 campaign to general candidates and elections in general. only 4% went to republicans. the rest went to democrats and outside spending groups. so you can see the impact they had across the board it and, wolf, while michigan wouldn't be the first state to pass right to work laws, in fact, 23 other states already have right to work laws. so tomorrow michigan could become the 24th state to have one. as the birthplace for the organized labor movement in the u.s., passage for this law in michigan would be a body blow to the labor movement in the u.s., wolf. >> certainly would be. thanks very much for that, jessica. >>> the president's due back here in washington just in a little while from michigan. his focus
and they were very instrumental in helping him get elected and re-elected. >> reporter: that's right. the election results tell the story. president obama won the union vote handily. nationwide, he won 58% of the union vote. compared to governor romney who got 40%. and unions also contributed heavily to donations and get out the vote efforts. $143 million they gave overall in the 2012 campaign to general candidates and elections in general. only 4% went to republicans. the rest went to...
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support for the government now monti says he'll go after next year's budget is passed which could see an election therefore in february which is it earlier than expected elsewhere meantime the greek prime minister is trying to secure more support from germany's wealthy and conservative region of bavaria we brought that she yesterday and earlier on credit has agreed to prop greece up with another forty four billion euros i suppose the greek attorney george felos see from the real solutions is spite of the i just said a long way off. so most go to me. well. listen you shouldn't do it but then of course includes. no. bute is an easy to. control just that you are going to example even to the. national military fund. but of course it's real easy for you to so such a policy. experience so. the simple you serious as usual more of. a cell phone for people with. such. according bahrain's jailed the daughter of a prominent opposition activist for one month for taking part in a demonstration it's just third conviction the past six months with a further thought other serving life for party against the ruling
support for the government now monti says he'll go after next year's budget is passed which could see an election therefore in february which is it earlier than expected elsewhere meantime the greek prime minister is trying to secure more support from germany's wealthy and conservative region of bavaria we brought that she yesterday and earlier on credit has agreed to prop greece up with another forty four billion euros i suppose the greek attorney george felos see from the real solutions is...
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after the election, the risk that the market basically these two portfolios are traching each other are perfect mirror images here. they were betting at this point we were going to go over the cliff. in other words the -- over the cliff portfolio was the outperformer until today. they have crossed. so now it's gone lower. we hit the cliff and avoid it is going higher at this point. two things to watch for this week. we got all that treasury paper coming to market here. the yield has moved higher. but we'll see what happens there. then the other thing is natural gas at a two-month low and moving lower because of all the warm weather in the markets now. nat gas subpoena in fact we come off this low here. with the market up 20 points here, what do you make of this -- of our model portfolio fiscal cliff portfolios? >> i was very surprised that it crossed today. i mean, with very little activity, very little movement on pretty much any stock that it crossed today. i was surprised with that. i'm becoming a little more convinced that we're not going to have any resolution at all. i thought the
after the election, the risk that the market basically these two portfolios are traching each other are perfect mirror images here. they were betting at this point we were going to go over the cliff. in other words the -- over the cliff portfolio was the outperformer until today. they have crossed. so now it's gone lower. we hit the cliff and avoid it is going higher at this point. two things to watch for this week. we got all that treasury paper coming to market here. the yield has moved...
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support for the government but he says i'll go after next year's budget impasse which could see it election in february earlier than expected elsewhere the greek prime minister is trying to secure more support from germany's wealthy and conservative region of barbaria earlier credit has agreed to prop greece up with another forty four billion euro script attorney george felos believes real solutions though are still a long way off. so most cause me to stone walling says listen you soon. but unfortunately. and now and in that interview it didn't it isn't easy to go. comes from greece does that you're going to example even to be the only of the international monetary fund because according to the assets they know. but of course it's really easy for these mature to so such a policy to the german bacterias so we're going to tell you this simple are you serious as usual more of more cell phone for people with. access. for those making headlines this hour a taliban assaulting a police station in northwest pakistan left at least eight dead three attackers reportedly five rockets and grenades in a
support for the government but he says i'll go after next year's budget impasse which could see it election in february earlier than expected elsewhere the greek prime minister is trying to secure more support from germany's wealthy and conservative region of barbaria earlier credit has agreed to prop greece up with another forty four billion euro script attorney george felos believes real solutions though are still a long way off. so most cause me to stone walling says listen you soon. but...
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we just had an election all about this. why does not white house figure that these kinds of appearances are helpful when both sides positions are pretty well locked in already? >> because this president and this white house have concluded that public pressure is what will make republicans bargain with him and deal on his terms. after the private grand bargain negotiations in the summer of 2011, they concluded they weren't simply going to do it behind closed doors with republicans. president went out and campaigned. he hammered republicans beginning in the fall of 2011. he won the election and he was trying to keep the pressure on to get them to bargain. >> all right, john har wood, thank you very much. >> let's stay in washington but capitol hill now, keeping a close eye on the negotiations, among the key congressional leaders. what the update, amman? >> well, there is total radio silence about the meeting between boehner and obama at the choice yesterday. we are told to expect that boehner will brief top republican leaders
we just had an election all about this. why does not white house figure that these kinds of appearances are helpful when both sides positions are pretty well locked in already? >> because this president and this white house have concluded that public pressure is what will make republicans bargain with him and deal on his terms. after the private grand bargain negotiations in the summer of 2011, they concluded they weren't simply going to do it behind closed doors with republicans....
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>> i think he is emboldened by the election returns obviously and emboldened by the polls showing public and higher tax rates on the rich that he has become much less willing to compromise and republican sources. the thing that really sticks in with a lot of republicans, we want to give up the debt ceiling and want to extend that for five years. i can guarantee that it's not going to happen. i believe this is the only leverage they have in terms of getting the president to cut spending is to use the debt card, and i heard the little clip you played, but i don't believe the republican would do this. melissa: john boehner and the president has accomplished more than what they're letting on. >> i don't think they're publishing a whole heckuva lot. republicans may very well go along with that deal. they may just throw their hands up and say we can't negotiate anything. it will give the president what he wants o on the taxes and goig to 2013 was perhaps saying we gave your texas and now what do we do? that is becoming a bit of a consensus. melissa: what is the president doing in detroit? in a
>> i think he is emboldened by the election returns obviously and emboldened by the polls showing public and higher tax rates on the rich that he has become much less willing to compromise and republican sources. the thing that really sticks in with a lot of republicans, we want to give up the debt ceiling and want to extend that for five years. i can guarantee that it's not going to happen. i believe this is the only leverage they have in terms of getting the president to cut spending is...
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support for the government monti says he'll go after next year's budgets passed which could see an election no therefore in february a lot earlier than expected elsewhere the greek prime minister is trying to secure more support from germany as wealthy and conservative region of bull varia we brought that story yesterday credit has agreed with their own forty four billion euros greek attorney george katz of goalless spoke to me believe real solutions that despite all that are still a long way off. so most go to me. listen to music. it's both of which includes i'm only now in doing that and beaut there's no easy to. control it's just that you go to example you can be. fun. as a stoner. but of course it's really easy for the smoke you do so so it's a. german experience so. this simple you serious are usually more of. a cell phone for people with. more news making headlines right now a taliban assault the station in western pakistan has left at least eight people dead three attackers reportedly fired rockets and grenades in a battle that lasted for over an hour to insurgent stets dated suicide
support for the government monti says he'll go after next year's budgets passed which could see an election no therefore in february a lot earlier than expected elsewhere the greek prime minister is trying to secure more support from germany as wealthy and conservative region of bull varia we brought that story yesterday credit has agreed with their own forty four billion euros greek attorney george katz of goalless spoke to me believe real solutions that despite all that are still a long way...
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many election officials are county elected officials and many voter boards are part of county government. one of the things i best is about this bill, this fast voting act of 2012, is that rather than mandating some specific response, it encourages state and local officials to put together plans for how to learn from the he lessons of 2012, hoo learn from the long lines and barriers that were put into place of those who came out to vote and find the best solutions rather than imposing or compelling, incentivizing and leading in a way that i think state and local officials will respond well to and will accept and celebrate. there is strong momentum. although the election is now more than a month behind us, my hope is that we will continue to focus on the challenges of this last election and fix them before the next. the momentum, well, today the pew conference today and tomorrow on voting in america is bringing together some of our nation's foremost experts and scholars. and for that, we're grateful to the pew charitable foundation. the judiciary committee, mr. president, on which we serv
many election officials are county elected officials and many voter boards are part of county government. one of the things i best is about this bill, this fast voting act of 2012, is that rather than mandating some specific response, it encourages state and local officials to put together plans for how to learn from the he lessons of 2012, hoo learn from the long lines and barriers that were put into place of those who came out to vote and find the best solutions rather than imposing or...
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i mean, i won the election. i had the leverage. why give in? well, simply put, i felt sorry for this man. >> all right. speculation is in full swing over the president's choices to fill his cabinet for the second term. among the position it's true. this is emily schmidt looking atted leading contenders and the potential challenges they face. >> reporter: a late november white house photo op. >> this is a wonderful opportunity for me to meet with my full cabinet. >> maybe the last grims of this picture, an eminent cabinet shuffle is expected. >> the president has got a lot of very, very good people to choose from. he wants to put together a team especially in international affairs, a team overall that going into a second term does not look like a second team, does not look like a group of second stringers. >> the likely short list to succeed secretary of state hillary clinton is politically charged. susan rice is thought to be a leading contenders, but some republicans were highly critical of rice following the aattack on the u.s. consulate in l
i mean, i won the election. i had the leverage. why give in? well, simply put, i felt sorry for this man. >> all right. speculation is in full swing over the president's choices to fill his cabinet for the second term. among the position it's true. this is emily schmidt looking atted leading contenders and the potential challenges they face. >> reporter: a late november white house photo op. >> this is a wonderful opportunity for me to meet with my full cabinet. >> maybe...
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month since the election came to an end. it is now safe for you to turn your television is back on. all the scary political ads are off the air. you can answer your phone again. no one is calling you in the middle of dinner asking for your support. i have to admit. there is one part of the campaign i miss. it is a great excuse for me to get out of washington and comes to town like this and talk to people who work so hard every day looking out for their families and communities in just having a conversation about what kind of country we want to be. what kind of country do we want to leave behind for our kids. ultimately, that is what this is about. i believe and i have been saying this not just for the last six months or year but ever since i got into public office. i believe america only succeed in thrive so we have a growing middle class. that is let -- succeeds and thrives when we have a great middle class. we thrive when everybody who works hard has a chance to get ahead. they can get a job that pays the bills. they have
month since the election came to an end. it is now safe for you to turn your television is back on. all the scary political ads are off the air. you can answer your phone again. no one is calling you in the middle of dinner asking for your support. i have to admit. there is one part of the campaign i miss. it is a great excuse for me to get out of washington and comes to town like this and talk to people who work so hard every day looking out for their families and communities in just having a...
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almost two years now although the opposition of the regime say they are ready for dialogue now and as election reports the divisions might run too deep though for any lasting peace. said dick says his life was shattered his sits on a municipal council in bahrain and several months ago he was shot by police during a peaceful protest looking at him. injuries his lucky to be alive part of an on line one and i was with many other protesters when we were faced by riot police they did not hesitate to shoot us directly to the head with the bullets the police are using for hunting birds and animals i've been shot with over one hundred ninety two pellets scattered all over my body in the head face arms and legs the most dangerous ones are those inside my lungs. so deep is just one of hundreds who have suffered in the anti-government protests that started around twenty months ago when revolution fever was sweeping the middle east and north africa the descent in bahrain differs little from that in a nation swept by the arab spring but the story never stop it is a daily in many different areas against the
almost two years now although the opposition of the regime say they are ready for dialogue now and as election reports the divisions might run too deep though for any lasting peace. said dick says his life was shattered his sits on a municipal council in bahrain and several months ago he was shot by police during a peaceful protest looking at him. injuries his lucky to be alive part of an on line one and i was with many other protesters when we were faced by riot police they did not hesitate to...
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it comes at a sensitive time for both south korea and japan who hold elections this month. tokyo has already deployed its military to takeout any debris from the rocket and also the u.s. military as deployed more ships with special antimissile systems so they could intercept the rocket if it does go towards japan. back to you, jon. jon: david piper keeping an eye on north korea. thank you. jenna: we'll stay with overseas news and go straight to egypt. egypt plunging deeper into turmoil as the military acting on orders of the president there out in force and giving new power to arrest civilians ahead of this week's vote on that draft constitution that is so controversial. this as thousands of protestors take to the streets near the pre in cairo demanding the fall of the new regime. conor powell is live with more now. >> reporter: jenna, this political crisis is only growing and increasing in seriousness. at the heart of all this is the draft constitution which is supposed to be voted on on saturday. opposition groups want that vote postponed. they say the draft constitution
it comes at a sensitive time for both south korea and japan who hold elections this month. tokyo has already deployed its military to takeout any debris from the rocket and also the u.s. military as deployed more ships with special antimissile systems so they could intercept the rocket if it does go towards japan. back to you, jon. jon: david piper keeping an eye on north korea. thank you. jenna: we'll stay with overseas news and go straight to egypt. egypt plunging deeper into turmoil as the...
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connell: they have elections next year. not that we are counting on the most honest elections or anything like that. the economy is struggling, you would think the leadership would change. >> eastern europe used to be a communist bloc satellites of the soviet empire. the collapse of the soviet economy back in the early 80s brought us the whole revival of the wall coming down. those kinds of things can still happen in iran. they have to have the same kind of support that ronald reagan gave to the polish and eastern europeans back when it was not a popular thing to do. dagen: do you believe that the current obama administration is willing to provide that kind of support? >> no. that is why i wrote this book. it is about what happens if you do not do the right kind of things to support democracy. quite frankly, we are not doing enough with the right kind of things. dagen: it is a novel? >> it is a novel. this is about and administration that does not do the right things just as we are not doing the right things now. oliver nor
connell: they have elections next year. not that we are counting on the most honest elections or anything like that. the economy is struggling, you would think the leadership would change. >> eastern europe used to be a communist bloc satellites of the soviet empire. the collapse of the soviet economy back in the early 80s brought us the whole revival of the wall coming down. those kinds of things can still happen in iran. they have to have the same kind of support that ronald reagan gave...
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support for the government want to says he'll go after next year's budget is passed which could see an election in february much older than expected that's where the greek prime minister is trying to secure more support from germany's wealthy and conservative region a very early at greece's credit is a greater profit out with another forty four billion euros greek attorney and georgia culture garson means real solutions to a long way off so most cause me to stone walling says listen. but unfortunately. it isn't easy to. control just that you go to example even to the. national military fund. but of course it's real easy for you to so such a. german taxpayers so. this simple you serious are usually more of more cell phone for people with. such. well is the e.u. pursuing the goal of united europe at the expense of individual nations that issue take center stage in the latest edition of people of l's cross-talk in just a few minutes here on r.t. . of course the european union has to be based on subsidy or it's a principle which means that the decisions are made close as possible to the citizens on
support for the government want to says he'll go after next year's budget is passed which could see an election in february much older than expected that's where the greek prime minister is trying to secure more support from germany's wealthy and conservative region a very early at greece's credit is a greater profit out with another forty four billion euros greek attorney and georgia culture garson means real solutions to a long way off so most cause me to stone walling says listen. but...
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in the final tally, romney won 47% of the popular vote in the presidential election. all of this comments romney's comment to donors that 47% of the nation would never vote for them because they are too dependent on government services. >>> north korea just extended the launch period for a controversial rocket launch. now, the u.s. believes north korea uses launches like this to test technology for missiles that could be used to hit the u.s. but north korea insists the launches are only aimed at putting a satellite into satellite -- a satellite into orbit. >>> well, nelson mandela is in the hospital. he's getting care that's kint with -- that's consistent with his age, it's reported. he became south africa's first black president in 1994. he's now retired from public life. >>> coming up on 7:1. a sexual assault -- 7:18. a sexual lawsuit against the monetary fund could be settled in court. the lawsuit is against strauss- kahn by a housekeeper last year. today, the lawyers on both sides will update the judge on the status of the negotiations. >>> secret files on los ang
in the final tally, romney won 47% of the popular vote in the presidential election. all of this comments romney's comment to donors that 47% of the nation would never vote for them because they are too dependent on government services. >>> north korea just extended the launch period for a controversial rocket launch. now, the u.s. believes north korea uses launches like this to test technology for missiles that could be used to hit the u.s. but north korea insists the launches are...
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they spent over 400 million dollars to get president obama re-elected. stuart: 400 million, that's a gigantic chunk of money. peter, always a pleasure, thanks very much for being with us, on a very important day. tomorrow will be a very important day because it is right to workday back in michigan. we appreciate you being with us. >> thank you very much. stuart: yes, sir. the white house sends out invitations to the inaugurations a lot of cash in return for access. does that sound just a tad hypocritical? we will deal with it next. streamline the proce? at fidelity, we it by merging two toolinto one, combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and ex points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated techcal analysis one more innovative reason seous investors are choosing fidelity. now get 200 free trades when you open an account. >> coming up tonight at 7:00 eastern, the obama middle east policy
they spent over 400 million dollars to get president obama re-elected. stuart: 400 million, that's a gigantic chunk of money. peter, always a pleasure, thanks very much for being with us, on a very important day. tomorrow will be a very important day because it is right to workday back in michigan. we appreciate you being with us. >> thank you very much. stuart: yes, sir. the white house sends out invitations to the inaugurations a lot of cash in return for access. does that sound just a...
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we thought it would be weak during an election year. there's a whole body of academic evidence that public policy certainly does impair it. but we were stunned as early as the first quarter of this year to see the tech sector, ibm, talking about flat revenue growth in the u.s., and there we think there's a level of cap-ex that has just been foregone because of this public policy uncertainty that, even in a semistable environment, it should rebound a bit. and that could be a big driver for profit growth in '14. >> you point out that your sector positioning, you say it's cautious, but you are upping technology to overweight. underweighting domestic cyclical. if cap-ex is a phenomenon next year why would you not be more highly leveraged to that? >> well, we think that first of all, the numbers, and the valuations, look fully played out. we think they still have housing market euphoria. and, have looked at things like consumer confidence going up, at least until friday, as a result of house prices stabilizing. for us, that's the reason why
we thought it would be weak during an election year. there's a whole body of academic evidence that public policy certainly does impair it. but we were stunned as early as the first quarter of this year to see the tech sector, ibm, talking about flat revenue growth in the u.s., and there we think there's a level of cap-ex that has just been foregone because of this public policy uncertainty that, even in a semistable environment, it should rebound a bit. and that could be a big driver for...
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support for the government monti says he'll go after next year's budget is passed which could see an election in february he said in an expected loss where the greek prime minister is trying to secure more support from journeys of wealthy conservative mention of the vajra earlier greece's creditors agreed to prop it up with another forty four billion euro greek attorney georgia country believes a real solutions are still a long way off. so most cause me to stone. this list. but unfortunately. it is not easy to go. through just that you go to example it would be. fun. but of course it's real easy for you to so. german taxpayers so. this simple are you serious usual more of more cell phone for people with. now the news making headlines this hour a taliban assault on a police station northwestern pakistan has left at least eight people dead three attackers reportedly fired rockets and grenades in a battle lasting over an hour to insurgents detonated suicide vests during the clash with local taliban say the attack was to avenge the death of a relative of the former commander. and earthquake measu
support for the government monti says he'll go after next year's budget is passed which could see an election in february he said in an expected loss where the greek prime minister is trying to secure more support from journeys of wealthy conservative mention of the vajra earlier greece's creditors agreed to prop it up with another forty four billion euro greek attorney georgia country believes a real solutions are still a long way off. so most cause me to stone. this list. but unfortunately....
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get election. two-and-a-half to throw a harder line on immigration, and it have to draw a harder line on latino voters overall? >> one thing that is, well, i get a lot of questions from people outside of arizona all the time that involves the first question which is what is wrong with arizona? particularly with arizona politics. one thing i have to tell individuals is we have a unique election system specifically with clean elections. you can get matching dollar for dollar contributions from the state of arizona should you be going up against a well-financed candidate would've been a primary or general election. and this has dramatically shifted the type of republicans that are now being elected to arizona state legislature. now with clean elections, rather than having to appeal to certain -- chamber of commerce intercept them what i call the country club republican, you go to state of arizona and be an ideologue and get matching dollar for dollar, so your moderate business-oriented republicans hav
get election. two-and-a-half to throw a harder line on immigration, and it have to draw a harder line on latino voters overall? >> one thing that is, well, i get a lot of questions from people outside of arizona all the time that involves the first question which is what is wrong with arizona? particularly with arizona politics. one thing i have to tell individuals is we have a unique election system specifically with clean elections. you can get matching dollar for dollar contributions...
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support for the government and monti says he'll go after next year's budget is passed which could see an election in february which is expected once where the greek prime minister is trying to secure more support from germany's a wealthy and conservative region of the very early at greece's creditors agreed to prop it up with another forty four billion euros greek attorney all of afghanistan means real solutions are still a long way off. so most guys me loose don't. listen to music. but unfortunately generally know in the reluctant butte it is not easy to. control just that you go to example even to the. national military fund. as such they know. that but of course it's real easy for the smirk you do so so what will you say to the german taxpayers so we're going to tell you this simple you serious are usually more of more cell phone for people with. and there was some other news making headlines at this hour a taliban assault on a police station in northwestern pakistan has left at least eight people dead three attackers reportedly fired rockets and grenades in a battle lasting over an hour to in
support for the government and monti says he'll go after next year's budget is passed which could see an election in february which is expected once where the greek prime minister is trying to secure more support from germany's a wealthy and conservative region of the very early at greece's creditors agreed to prop it up with another forty four billion euros greek attorney all of afghanistan means real solutions are still a long way off. so most guys me loose don't. listen to music. but...
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for the government in auntie says he will go out and next year's budget is passed which could see an election in february which is earlier than expected elsewhere the greek prime minister is trying to secure more support for ukraine as a wealthy conservative region above area earlier greece is a creditors are going to prop it up another forty four billion euros a week attorney george felos the also missions are still a long way off. so most guys me loose don't. listen to music. but unfortunately generally know and. don't view it is not easy to. control it's just that you go to example even to the. national military fund. as if they know. that but of course it's real easy for the smirk you do so such a. german experience so. the simple you serious are usually more of a more cell phone for people with. such. well if the e.u. are pursuing the goal of united europe at the expense of individual nations that issue take center stage in latest edition of people crosstalk just around their five minutes here r.t. . of course the european union has to be based on subsidy or it's a principle which means
for the government in auntie says he will go out and next year's budget is passed which could see an election in february which is earlier than expected elsewhere the greek prime minister is trying to secure more support for ukraine as a wealthy conservative region above area earlier greece is a creditors are going to prop it up another forty four billion euros a week attorney george felos the also missions are still a long way off. so most guys me loose don't. listen to music. but...
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i filled the election is over and everybody ought to work together. -- the election is over, and i feel everybody ought to work together. social security, the people are paying most of the debt. second comment, all these ceo's and people the making millions and millions of dollars a year, let them pay their fair share of taxes, too. and no deductions whatsoever. third and final question is, on social security, they are giving a 1.7 reyes. is it fair for a person that is that rich person getting social security to get a 1.7 raise on what they get, and a person that is making $640 a month on their social security? host: some quick comments here on this. guest: what is interesting about the discussions with respect to social security is there is a lot of things on the table. it did not happen now. one of them may be indexing social security. it is being tested. more wealthy people would get less of the social security, depending on their actual income and assets. people of lorenz of the income spectrum would get more. i cannot say when that is when to come out. -- people on the lowe rincom
i filled the election is over and everybody ought to work together. -- the election is over, and i feel everybody ought to work together. social security, the people are paying most of the debt. second comment, all these ceo's and people the making millions and millions of dollars a year, let them pay their fair share of taxes, too. and no deductions whatsoever. third and final question is, on social security, they are giving a 1.7 reyes. is it fair for a person that is that rich person getting...
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let's return to our exclusive interview with other shows one off as the fifty nine year old has been re-elected president of the international federation of fencing pledging to make the sport popular and i call her every parts of europe in two thousand and eight i wish i was smart of became the first ever russian president of the international fencing federation claiming five more votes than a long serving chief frenchman in a rush fast forward four years and dismantled has returned unchallenged and holds to further expand the love of fencing all over the world for the first time in the sport's history fencers from five continents managed to climb the olympic podium in london while the global expansion is set to continue its mana free lies is that more needs to be done in the evolution of fencing is meaning of. many changes in the rules are driven by attempts to make the sport more entertaining and spectacular this is what we need to do so that advertisers get interested in fencing if we achieve that it will allow the federations to develop independently of them will not just get funds from our
let's return to our exclusive interview with other shows one off as the fifty nine year old has been re-elected president of the international federation of fencing pledging to make the sport popular and i call her every parts of europe in two thousand and eight i wish i was smart of became the first ever russian president of the international fencing federation claiming five more votes than a long serving chief frenchman in a rush fast forward four years and dismantled has returned...
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although i think he would do better in a experienced election than a general election. he obviously has campaign apparatus, name id, et cetera, et cetera, thru br other candidates. it's not a slam dunk for him at all. >> if you look at it it's a different time than when he first ran. >> uh-huh. >> and won. he's been there six years. however -- four years? >> four years. >> bill: but a different time. he would be up against a different candidate? >> uh-huh. >> it would have to be a better candidate than martha cokely and et cetera tarnished by having lost to the elizabeth warren? >> he would have to run again? when is kerri's term up in three years, massive campaigns. >> deval patrick and ed markey veteran very popular powerful congressman, the 9th most powerful in terms of seniority who represents greater boston cham champ bridge area. he would be a formidable cabdate. >> and cot brown would like to move run for governor. they have a history of republican governors even before mitt romney, bill weld a bunch of others. >> that's not unheard of. >> it wouldn't be necessar
although i think he would do better in a experienced election than a general election. he obviously has campaign apparatus, name id, et cetera, et cetera, thru br other candidates. it's not a slam dunk for him at all. >> if you look at it it's a different time than when he first ran. >> uh-huh. >> and won. he's been there six years. however -- four years? >> four years. >> bill: but a different time. he would be up against a different candidate? >> uh-huh....
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>> the president himself kourg the election said 2 1/2 to one. now his proposal last week has $1.6 trillion in tax increases, $400 billion in spending cuts and another $200 billion in spending, plus an unlimited ability to borrow and raise the debt limit >> you'd be okay with 2 1/2 to 1? >> the bowles-simpson was about 3 to 1. frankly i don't think it's a revenue problem. i don't want to go over revenues. but you know, if we could get a deal that would put the country on a sound fiscal footing and change this trajectory that we're on, there perhaps could be some republican support for it. i'm not sure where i would come in. >> the -- part of the cliff that bothers you the most is that you'd like to do something with the sequester? or, if we were to sunset all the bush tax cuts? that would -- >> that would go -- republicans want to get rid of the deficit. that almost cures the deficit. and that was the rates that we had at one point. and they were supposed to sunset. and i guess there's never a good time. but what if they all sunsetted and you did
>> the president himself kourg the election said 2 1/2 to one. now his proposal last week has $1.6 trillion in tax increases, $400 billion in spending cuts and another $200 billion in spending, plus an unlimited ability to borrow and raise the debt limit >> you'd be okay with 2 1/2 to 1? >> the bowles-simpson was about 3 to 1. frankly i don't think it's a revenue problem. i don't want to go over revenues. but you know, if we could get a deal that would put the country on a...
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i mean i won the election. i had the leverage. why give in? well, simply put, i felt sorry for this man. earlier this week i found my way into the congressional cafeteria and what do i see? john boehner sitting by himself. all alone. not a single member of his party willing to share a seat. dent even have any milk to drink because, well, tell them why, john. >> they took my milk and threw it in the garbage. >> "early start" continues right now. >>> i'm so devastated for them. i'm really feeling for them. >> breaking radio silence. two deejays talk about the family of the nurse who took her own life after getting duped by their prank call. >>> top secret rescue mission. an american saved in afghanistan but at a heavy price. >> look who's talking. president obama and john boehner finally get together a little more than three weeks before we hit the fiscal cliff. good morning, everyone. welcome to "early start." i'm john berman. >> it's so night to you have back, john. it's 6:00 a.m. in the east. let's get started. the two men who stand between a
i mean i won the election. i had the leverage. why give in? well, simply put, i felt sorry for this man. earlier this week i found my way into the congressional cafeteria and what do i see? john boehner sitting by himself. all alone. not a single member of his party willing to share a seat. dent even have any milk to drink because, well, tell them why, john. >> they took my milk and threw it in the garbage. >> "early start" continues right now. >>> i'm so...
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this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame for you. over the next few weeks, we're expecting the budget stability law to be passed. neither of the political parties will want to be blamed for bringing down the stability of italy, so they will pass that over the next week. once that is passed, mr. mon at the said he would step down. that will happen likely around new year's. and then the president will have to dissolve the parliament and between 45 and 70 days after the parliament is dissolved, new elections will take place and that probably takes us to february 2014. and, kelly, that is two months before the actual elec
this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame for...
SFGTV2: San Francisco Government Television
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with election and new congress coming together. as i read libya's recent history it is a bit like we are reliving the post world war ii years. how right he was. that was chris. always thinking, always sharp, always ready. public service is too often looked down upon by some in this country. often my colleagues in the foreign service la meant they don't make them the way they used to anymore. today we remember a man, chris stevens, whose life and service just proves how wrong my colleagues really are. chris shows us they still make them the way they used to, only an awful lot better, thank you. [applause] >> chris's family would like to invite everyone to a reception after the ceremony. it will be held over there. you are all welcome. let us pray. oh lord, support us all the day long until the shadows lengthen and the evening comes and the busy world is hushed and the fever of life is over and our work is done. then in your mercy grant us a safe lodging and a holy rest and peace at the last. may the author of all life bless us and k
with election and new congress coming together. as i read libya's recent history it is a bit like we are reliving the post world war ii years. how right he was. that was chris. always thinking, always sharp, always ready. public service is too often looked down upon by some in this country. often my colleagues in the foreign service la meant they don't make them the way they used to anymore. today we remember a man, chris stevens, whose life and service just proves how wrong my colleagues...
SFGTV2: San Francisco Government Television
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the same day chris stevens is the day the parliament first time in 42 years that they elect their first prime minister. thank you united states for your support. again, we are sorry on behalf of libyan people for the loss of this great friend. thank you very much. [applause] >>> good afternoon, barbara lee. i represent the 9th district, including piedmont and berkeley, where ambassador stevens spent many of his formative years to. the family and friends of our beloved ambassador stevens, to mayor lee, senator feinstein, representative miller and spear, to the attorney general, ambassadors past and present, my friends. let me first express my sincereest condolences to ambassador stevens' family, friends and colleagues in the face of your tremendous loss. ambassador stevens and the others who lost their lives in libya worked each and every day to advance the highest ideals of this great nation. they will never be forgotten. ambassador stevens, in spite of the many challenges of seeking global peace and security, he truly believed peace is possible. representatives george miller and jackie
the same day chris stevens is the day the parliament first time in 42 years that they elect their first prime minister. thank you united states for your support. again, we are sorry on behalf of libyan people for the loss of this great friend. thank you very much. [applause] >>> good afternoon, barbara lee. i represent the 9th district, including piedmont and berkeley, where ambassador stevens spent many of his formative years to. the family and friends of our beloved ambassador...
SFGTV2: San Francisco Government Television
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in that building 535 elected representatives from every corner of america come together to debate the issues of the day. they are men and women from every religious, ethnic and family background. i look forward to watching libya develop equally strong institutions of government. education and healthcare are just two of the many areas where i see opportunities for close partnership between the united states and libya. i look forward to exploring those as we work together to build a free democratic prosperous libya. see you soon. >>> good afternoon, everyone. i'm an san francisco mayor ed lee. i want to welcome you from the bay area, from all over the country to san francisco's city hall. today we honor and celebrate ambassador john christopher stevens in this civic celebration of his life. i thank the stevens family for hosting this celebration here. amongst his many friends, his family, his colleagues from around the world who continue to reremember and celebrate his distinguished life and sacrifice he made for all of us. while we have lost a true hero to our nation, his accomplishmen
in that building 535 elected representatives from every corner of america come together to debate the issues of the day. they are men and women from every religious, ethnic and family background. i look forward to watching libya develop equally strong institutions of government. education and healthcare are just two of the many areas where i see opportunities for close partnership between the united states and libya. i look forward to exploring those as we work together to build a free...
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it would take the wealth out of the election and it would make elections less expensive. it would be something you could apply to the dead or given back to the government to that 50%. it would fund some of these programs. guest: that's an idea i have not heard of but it would be an interesting proposal, especially the idea that there would open up the tax code and there are different codes in the irs of there would have to be legislative action. that could be an interesting twist to find revenue. host: our next caller is mark from san diego. good morning. go ahead, mark. caller: vision are really blame the president for all these problems because the walked into it. he's doing a good job. he does need to let him do what he does and it will be all right. host: politico as information on who benefited most. any information? guest: where bogus. what is going happen next in the future. host: speaking of profits, who is profiting on the discussion of the debt ceiling in the fiscal cliff? guest: p.r. firms, law firms, lobbyists. they're trying to make this campaign and they hav
it would take the wealth out of the election and it would make elections less expensive. it would be something you could apply to the dead or given back to the government to that 50%. it would fund some of these programs. guest: that's an idea i have not heard of but it would be an interesting proposal, especially the idea that there would open up the tax code and there are different codes in the irs of there would have to be legislative action. that could be an interesting twist to find...
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voters angry over president obama's second term however in the two thousand and eight presidential election obama became the first democrat in more than thirty years to win north carolina a red state turned blue with the promise of change four years later tens of thousands of voters in the very same state believe they'd be better off on their own. the average american the things they believe in they're tired of the endless wars and here we are talking about invading iran now i can't think of anything more the white house meanwhile promises to review and issue an official response to all petitions with twenty five thousand or more. signatories at least seven states fit that category the way used to be on the interstate driving along at thirty five miles an hour by or cells with the session as a goal and now we're being passed on both sides and lanes by people going faster than we are and it's amazing because here we were thought to be radical fifteen or ten years ago and now we're mainstream. a mainstream movement to move apart marina port nial artsy. but don't go away just ahead for you fas
voters angry over president obama's second term however in the two thousand and eight presidential election obama became the first democrat in more than thirty years to win north carolina a red state turned blue with the promise of change four years later tens of thousands of voters in the very same state believe they'd be better off on their own. the average american the things they believe in they're tired of the endless wars and here we are talking about invading iran now i can't think of...
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to face negotiations by the monarchy which said they were essential to quell the daily unrest but as election year shasta reports it's still in doubt if the turbulent gulf state is any closer to getting on the road to peace and not the subject says his life was shot to his sits on a municipal council in bahrain and several months ago he was shot by police during a peaceful protest looking at his injuries he's lucky to be alive but out of an online want and i was with many other protesters when we were faced. by riot police they did not hesitate to shoot us directly to the head with the bullets the police are using are for hunting birds and animals i've been shot at over one hundred ninety two hell yes that's got it all over my body in the head face arms and legs the most dangerous ones are those inside my lungs. is just one of hundreds who have suffered in the anti-government protests that started around twenty months ago when revolution fever was sweeping the middle east and north africa the descent in bahrain differs little from that a nation swept by the arab spring but the story never sto
to face negotiations by the monarchy which said they were essential to quell the daily unrest but as election year shasta reports it's still in doubt if the turbulent gulf state is any closer to getting on the road to peace and not the subject says his life was shot to his sits on a municipal council in bahrain and several months ago he was shot by police during a peaceful protest looking at his injuries he's lucky to be alive but out of an online want and i was with many other protesters when...
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he was first elected in 1999. >>> former president george h.w. bush remains in the hospital in houston tonight. the former president has been there since the day after thanksgiving struggling to overcome bronchitis. the 88-year-old bush is reportedly improving, but doctors are not in a hurry to send him home. mr. bush also has parkinson's disease which can complicate respiratory illness. >>> a career rapper did perform at a holiday concert in washington despite calls for him to be removed from the program. psy head to national fame earlier this year with gangnam style but in 2002 and 2004 he made anti-american protests saying their troops and their families should die. >>> just ahead all eyes on the impending fiscal cliff, as president obama sits down with house speaker john boehner to discuss the ongoing negotiations, our fox 5 political analyst mark plotkin will weigh in on the talks. >> and tragedy in the music world after a plane crashed in mexico believed to be carrying singer jenni rivera. we'll be right back with more. this holiday, share
he was first elected in 1999. >>> former president george h.w. bush remains in the hospital in houston tonight. the former president has been there since the day after thanksgiving struggling to overcome bronchitis. the 88-year-old bush is reportedly improving, but doctors are not in a hurry to send him home. mr. bush also has parkinson's disease which can complicate respiratory illness. >>> a career rapper did perform at a holiday concert in washington despite calls for him...
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he said the election was a seismic shift. i think it is important that both sides do not overplay their hands. i certainly understand the position of the democratic side is that president obama won election, by a pretty significant electoral margin, and also if you look at the data, the reason for that predominantly was the latino vote. indeed, i saw one statistic that if mitt romney had gotten the same percentage of the latino vote that george w. bush got, he probably would have a won. that is the case. you have to get it right with this demographic shift. republicans have to move quickly to compromise. democrats basically can hold our line and say, our way or the highway. i have heard that view. i have heard that much. there's another view on the republican side of what you hear is the president did but 48 percent did not support him. the house is still in control of the republicans and most of them, fortunately because of redistricting, which is unfortunate dynamic, most people in the house are in safe districts and will a
he said the election was a seismic shift. i think it is important that both sides do not overplay their hands. i certainly understand the position of the democratic side is that president obama won election, by a pretty significant electoral margin, and also if you look at the data, the reason for that predominantly was the latino vote. indeed, i saw one statistic that if mitt romney had gotten the same percentage of the latino vote that george w. bush got, he probably would have a won. that is...
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representation and articulation of goals to an elected -- elected -- a transitional government and then an elected government, both on the national and the local level, and that's -- you don't see that elsewhere, at least not in that striking as a fashion. in the rest of the book, i talk about the personality of gadhafi, what motivated him, and people argue that the personalities of the dictators themselves don't matter. in the case of libya, that's not quite true. gadhafi was a mercurial, i believe a quite intelligent person who had certain fixations and -- i'll try to be diplomatic here because -- [laughter] there's a lot of strangeness there that motivated his behavior in ways which i think were so bizarre that many of the people who are looking at this from the u.s. policy side -- felt, in a way, they were accustomed to the way of thinking about things, and that posed problems when you try to anticipate what he was going to do or respond to him. for example, you know, after the 1986 bombing in benghazi and tripoli, gadhafi was rumored to have gone into a tremendous funk for a period
representation and articulation of goals to an elected -- elected -- a transitional government and then an elected government, both on the national and the local level, and that's -- you don't see that elsewhere, at least not in that striking as a fashion. in the rest of the book, i talk about the personality of gadhafi, what motivated him, and people argue that the personalities of the dictators themselves don't matter. in the case of libya, that's not quite true. gadhafi was a mercurial, i...